141 Capital, Inc. (OTCPK: ONCP). 141 Capital, Inc. announced that management today returned 310,000,000 shares of common stock held by CEO Errol Stone and Chairman Paul D. Strickland, Jr. to the treasury. To date management has contributed 620,000,000 shares of personally held stock as its commitment to increase shareholder value. As of January 15, 2010 the issued and outstanding common shares were reduced to 1,072,593,732 through management's contributions. The number of shares authorized by 141’s Articles of Incorporation is 5,000,000,000. The issued and outstanding common shares include 300,685,714 restricted shares issued to Spooz, Inc. per the Company's technology licensing agreement with Spooz.

Of 10,000,000 shares of authorized Preferred shares, there are 516,020 shares of Series C convertible shares issued and outstanding (619,224 shares of common stock assuming conversion on January 15, 2010). There are no shares of Series B Preferred Stock outstanding. There are 789,859 shares of Series A convertible stock outstanding of which 98.5% are owned by Company insiders (these shares represent 1,993,109,775 common share equivalents.) The Series A Preferred Stock converts to restricted common shares when converted. Accordingly, the public “float” is 771,901,162.

“We are pleased to make this contribution of 310,000,000 shares. It represents tangible value to our shareholders as it substantially reduces the issued and outstanding shares of the Company’s common stock. We are confident in our ongoing business developments and believe that our current share price does not accurately reflect our prospects in both the near and long term. Our direct contributions are consistent with our active pursuit of enhanced shareholder value and we hope, demonstrates our commitment to the company, its shareholders, and prospects of the future," said 141 CEO Errol Stone.

About 141 Capital, Inc. (www.141capital.net)

141 Capital, Inc., is a publicly traded company based in Chicago. Its primary operations involve commodity trading for its own account. 141 is in the process of registering as an Introducing Broker with the National Futures Association to enable it to offer futures products to the general public. To attract customers, 141 will be utilizing TradeTablet and IB’s product line.

141 Capital encourages its shareholders to email any and all questions and suggestions. We usually respond to questions after business hours and understand it may take several days to receive a response. Email: info@141capital.net.

141 Capital (GM) (USOTC:ONCP)
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141 Capital (GM) (USOTC:ONCP)
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